Announcement PDF Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Announcement Summary Entity name HILLGROVE RESOURCES LIMITED Date of this announcement Tuesday May 28, 2024 The +securities the subject of this notification are: Unquoted options that have been exercised or other unquoted +convertible securities that have been converted Total number of +securities to be issued/transferred ASX +security code Security description HGO ORDINARY FULLY PAID Total number of +securities to be issued/transferred Issue date 2,000,000 28/05/2024 Refer to next page for full details of the announcement Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 1/5 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Part 1 - Entity and announcement details 1.1 Name of entity HILLGROVE RESOURCES LIMITED We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities. 1.2 Registered number type Registration number ABN 73004297116 1.3 ASX issuer code HGO 1.4 The announcement is New announcement 1.5 Date of this announcement 28/5/2024 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 2/5 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Part 2 - Issue details 2.1 The +securities the subject of this notification are: Unquoted options that have been exercised or other unquoted +convertible securities that have been converted 2.2b The +securities being issued, transferred or re-classified as a result of the options being exercised or other +convertible securities being converted are: securities that have already been quoted on ASX ("existing class") Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 3/5 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Part 3B - number and type of +securities the subject of this notification (existing class) where issue has not previously been notified to ASX in an Appendix 3B The right of the holder of the options or other +convertible securities to receive the +underlying securities is being satisfied by: A transfer of existing +securities The underlying securities being received by the holder are: Already quoted by ASX Existing +securities converting into an existing class FROM (Existing Class) ASX +Security code and description HGOAY : OPTION EXPIRING 30-SEP-2024 EX $0.078 TO (Existing Class) ASX +Security code and description HGO : ORDINARY FULLY PAID Please state the number of options that were exercised or other +convertible securities that were converted The first date the options were exercised or other +convertible securities were converted The last date the options were exercised or other +convertible securities were converted 28/5/2024 28/5/2024 2,000,000 Is this all of the options or other +convertible securities on issue of that type? No Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme? No Date the +securities the subject of this notification were issued/transferred 28/5/2024 Any other information the entity wishes to provide about the +securities the subject of this notification Issue details Number of +securities 2,000,000 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 4/5 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Part 4 - +Securities on issue Following the issue, conversion or payment up of the +securities the subject of this notification, the +securities of the entity will comprise: The figures in parts 4.1 and 4.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing. 4.1 Quoted +securities (Total number of each +class of +securities issued and quoted on ASX) ASX +security code and description Total number of +securities on issue HGO : ORDINARY FULLY PAID 2,093,555,567 4.2 Unquoted +securities (Total number of each +class of +securities issued but not quoted on ASX) ASX +security code and description Total number of +securities on issue HGOAAA : OPTION EXPIRING 01-MAR-2027 EX $0.09 10,000,000 HGOAA : PERFORMANCE RIGHTS 32,000,000 HGOAZ : OPTION EXPIRING 28-APR-2026 EX $0.0795 35,000,000 HGOAY : OPTION EXPIRING 30-SEP-2024 EX $0.078 18,000,000 HGOAW : OPTION EXPIRING 14-MAY-2025 EX $0.10 8,000,000 HGOAX : OPTION EXPIRING 14-MAY-2026 EX $0.15 6,000,000 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 5/5